davidf Investment Thesis IHS Holding's (NYSE:IHS) stock performance continues to disappoint, falling from $17 to as low as $2.50 during its trading history. Still, the cash flows, revenues and EBITDA continues to grow which leads me to believe the stock is significantly undervalued. The company has high barriers to entry that stem from economies of scale and being a first mover in emerging markets, so I expect the company to continue to perform well. Despite the economic crisis in Nigeria, I believe the ...

• Expect to publish our 6th Sustainability Report during 2Q24 t #1 FY23 CONSOLIDATED REVENUE WALK 10 (1) "Other" includes $20M primarily from billing adjustments and debt collection, $6M of one-off revenue from one key customer having reached agreement on certain contractual terms and $3M of extra power and space 48(1) 117 44 526 425 54 10 355 377 365 271 321 4Q22 1Q23 2Q23 3Q23 4Q23 +26.6% +35.1% +16.8% (10.4%) (3.1%) +23.5% +38.0% +29.7% +30.6% +48.4% Nigeria SSA Latam MENA Non-Recurring Items 4Q23 Revenu ...

IHS Holding Limited (NYSE:IHS) Q4 2023 Results Earnings Conference Call March 12, 2024 8:30 AM ET Company Participants Colby Synesael - Executive Vice President of Communications Sam Darwish - Chairman and Chief Executive Officer Steve Howden - Executive Vice President and Chief Financial Officer Conference Call Participants Michael Elias - TD Cowen Richard Choe - J.P. Morgan Eric Luebchow - Wells Fargo Securities Stella Cridge - Barclays Capital Operator Good day. And welcome to the IHS Holding Limited 4Q ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to OR ☐ SHELL COMPANY REPORT PURSUANT TO SE ...

Exhibit 99.1 FOR IMMEDIATE RELEASE IHS HOLDING LIMITED REPORTS FOURTH QUARTER AND FULL YEAR 2023 FINANCIAL RESULTS CONSOLIDATED HIGHLIGHTS – FOURTH QUARTER 2023 CONSOLIDATED HIGHLIGHTS – FULL YEAR 2023 London, United Kingdom, March 12, 2024. IHS Holding Limited (NYSE: IHS) ("IHS Towers" or the "Company"), one of the largest independent owners, operators, and developers of shared communications infrastructure in the world by tower count, today reported financial results for the fourth quarter and full year e ...

IHS Holding Limited. (NYSE:IHS) Q3 2023 Earnings Conference Call November 14, 2023 8:30 AM ET Company Participants Colby Synesael - Executive Vice President, Communications Sam Darwish - Chairman and CEO Steve Howden - Chief Financial Officer Conference Call Participants Greg Williams - TD Cowen Phil Cusick - JPMorgan Brett Feldman - Goldman Sachs Michael Rollins - Citi Operator Good day and welcome to the IHS Holding Limited Earnings Results Call for the three-month period ended September 30, 2023. Please ...

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Table of Contents Exhibit 99.1 TABLE OF CONTENTS | PART I —FINANCIAL INFORMATION | Page | | --- | --- | | Item 1. Financial Statements | 7 | | Condensed Consolidated Statement of Loss and Other Comprehensive Income/(Loss) (Unaudited) | 8 | | Condensed Consolidated Statement of Financial Position (Unaudited) | 9 | | Condensed Consolidated Statement of Changes in Equity (Unaudited) | 10 | | Condensed Consolidated Statement of Cash Flows (Unaudited) | 11 | | Notes to the Unaudited Condensed Consolidated Interi ...

(1) 3Q22 Revenue, Adjusted EBITDA, and RLFCF include $18M of non-recurring revenue from a key customer in Nigeria having reached agreement on certain contractual items (2) 1Q23 Revenue and Adjusted EBITDA include $48M of non-recurring revenue as adjusted for withholding tax from our smallest key customer in Nigeria for services previously provided but for which revenue had not been recognized (3) Adjusted EBITDA has been re-presented to reflect the remeasurement period adjustments, as required by IFRS 3, in ...

IHS Holding Limited (NYSE:IHS) Q2 2023 Earnings Conference Call August 15, 2023 8:30 AM ET Company Participants Colby Synesael - Executive Vice President, Communications Sam Darwish - Chairman and CEO Steve Howden - Chief Financial Officer Conference Call Participants Bora Lee - RBC Capital Markets Phil Cusick - JPMorgan Greg Williams - TD Cowen Eric Luebchow - Wells Fargo Michael Rollins - Citi Brett Feldman - Goldman Sachs Stella Cridge - Barclays Operator Thank you for standing by. And welcome to the IHS ...